Mixed-Use Commercial Building with
For Sale
$9,900,000
1278 N Loop 1604, San Antonio, TX 78232
Turnkey mixed-use building with elevator service and a large 850-seat auditorium for office, educational, or religious uses.
Property Size30,000 SF
Price / SF$330
Days on Market110
Property Features for 1278 N Loop 1604
General Information
Standard status
Active
Size
30,000 SF
Property subtype
Multi-Use
Zoning
C-2 and C-3
Site & Location
Traffic Count
131,000 vehicles/day
Highway Access
Yes
Additional Details
Business Included
Yes
Building Details
Year Built
1977
Year Renovated
2019
Listing Agency:
PIONEER REALTY PARTNERS, LLC
Listed By:
Denise Bourassa
(210) 355-0559
Source:
Pioneerrealtypartners
Added: Jul 6
Changed: Oct 21
Last Checked: Oct 20 at 10:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PIONEER REALTY PARTNERS, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This prime mixed-use commercial building was originally constructed in 1977 and extensively renovated in 2019. The property offers contemporary architecture, premium interior finishes, elevator access, modern HVAC systems, and flexible office configurations. A notable feature is an impressive 850-seat auditorium with a professional stage, supporting religious, educational, corporate, medical, entertainment, and other special-use applications.
Located in Stone Oak with exceptional visibility along Loop 1604, the building benefits from exposure to over 131,000 vehicles per day, along with access to Highway 281 and IH-10. The property also includes a highly visible pylon sign and reciprocal parking. Major nearby developments include Costco, Walmart Supercenter, and Methodist Stone Oak Hospital.
Zoned C-2 and C-3, this asset can serve a range of owner-user or tenant needs, supported by its office-ready layout and auditorium build-out. The combination of contemporary interior improvements, elevator service, and substantial event seating makes it practical for organizations and companies seeking a single facility capable of both day-to-day space and larger assembly needs.
Located in Stone Oak with exceptional visibility along Loop 1604, the building benefits from exposure to over 131,000 vehicles per day, along with access to Highway 281 and IH-10. The property also includes a highly visible pylon sign and reciprocal parking. Major nearby developments include Costco, Walmart Supercenter, and Methodist Stone Oak Hospital.
Zoned C-2 and C-3, this asset can serve a range of owner-user or tenant needs, supported by its office-ready layout and auditorium build-out. The combination of contemporary interior improvements, elevator service, and substantial event seating makes it practical for organizations and companies seeking a single facility capable of both day-to-day space and larger assembly needs.
Key Highlights
- 30,000 SF mixed‑use commercial building built in 1977, extensively renovated in 2019
- 850‑seat auditorium with professional stage, suited for educational, religious, entertainment, or special‑use applications
- Elevator access plus modern HVAC systems and flexible office configurations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$408,866
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,177,320
$8.2M
Cap Rate 7%
$5,840,943
$5.8M
Cap Rate 9%
$4,542,956
$4.5M
Market Conditions
NOI Build-Up for 30,000 SF
Gross rent
$662.4K $22.08/SF
− Vacancy
−$117.2K −$3.91/SF
EGI
$545.2K $18.17/SF
− OpEx
−$136.3K −$4.54/SF
NOI
$408.9K $13.63/SF
Area
San Antonio, TX
Vacancy
17.70%
Lease Rate
$22.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,177,320
Cap Rate 7%
$5,840,943
Cap Rate 9%
$4,542,956
Alternative Uses
Best Use
Office B
$5.84M
$5.11M – $6.81M
NOI $408,866 @ 7.0% cap · market cap 4.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.65M
$6.70M – $8.93M
NOI $535,674 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
131,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,207
Businesses Nearby
Explore this area
Business Placement
Demographics for 78232, TX
35,397
Population
16,369
Households
2.2
Avg Household Size
42
Median Age
50%
College-Educated
96%
High-School Grad
11.9 sq mi
ZIP Area
2,975
Density / Sq Mi
$84,633
Median Household Income
$48,586
Median Earnings
$1,404
Median Rent
$345,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in San Antonio, TX
Frequently Asked Questions
What type of property is this?
Office building - Turnkey mixed-use building with elevator service and a large 850-seat auditorium for office, educational, or religious uses.
Where is this office building located?
The property is located at 1278 N Loop 1604 San Antonio, TX.
What is the asking price?
The asking price for this property is $9,900,000.
What are key features of this property?
This property features: 30,000 SF mixed‑use commercial building built in 1977, extensively renovated in 2019; 850‑seat auditorium with professional stage, suited for educational, religious, entertainment, or special‑use applications; Elevator access plus modern HVAC systems and flexible office configurations
